Transferwise is a great service. I know it is great because I am a customer. Awhile back I reached out to my bank (big, multinational, global brand name with a storied history) and told them I needed to quickly transfer some money to an international account. They told me they couldn’t do it. Seriously. I said, yeah right. A few minutes later I was setting up a Transferwise account. Super simple it was completed in minutes. Soon, my money was being transferred around the world far quicker and far less expensive than a traditional wire transfer. Sorry old bank. I am not coming back. To make their point at the beginning of 2017, Transferwise management composed a letter to the CEOs of High Street Banks (Barclays, Lloyds, RBS, NatWest, HSBC etc.). They asked their erstwhile competitors to uphold an EU directive and disclose the hidden charges baked into international payments...